Search Results for: BAE

January 12 Market Close: GovCon Index Falls, Investors Prep for Earnings Season

The GovCon Index started the week with a loss of 0.512 points — or 0.732 percent — to close at 70.483 on Monday. Investors showed concern over continued declines in oil prices and are preparing to watch the start of quarterly earnings reports, CNBC reports. Crude futures on the New York Mercantile Exchange …

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Paul Falkler Promoted to Vistronix National Intell Sector President; John Hassoun Comments

Paul Falkler, corporate vice president for national intelligence programs at Vistronix, has been named president of the company’s national intelligence sector. He will lead the sector that delivers national security technology offerings designed to help intelligence agencies execute high-priority missions, Vistronix said Monday. “Paul has been on the cutting edge …

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January 12 Morning Report: GovCon Index Closed Friday Slightly Down On Reports Of December Wage Decline

The GovCon Index ended a strong trading week slightly down, closing Friday at 70.995 — off .306 points — or 0.433 percent. For the trading week Jan. 5-9, the index recorded a 0.516 percent increase and hit its second-ever largest closing figure within the past three months. U.S. stocks declined after two straight days of gains …

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January 9 Market Close: GovCon Index Retreats, Report Shows December Wage Decline

The GovCon Index ended the trading week with a slight decline of 0.306 points — or 0.433 percent — to close at 70.995 on Friday. For the week started Jan. 5, the index recorded a 0.516 percent increase and hit its second-ever largest closing figure for a trading week within the past three months. U.S. stocks …

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Navy Adds CGI, DRS Units to Consolidated Shipboard Networks Contract

The U.S. Navy has awarded CGI (NYSE: GIB) and DRS Technologies business segments positions on an eight-year, $2.5 billion contract to provide production units of the Consolidated Afloat Networks and Enterprise Services system. The Defense Department said Thursday that CGI Federal and DRS Laurel Technologies can compete for task orders under the indefinite-delivery/indefinite-quantity contract alongside …

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The Deals, Moves and Shakeups That Drove GovCon in 2014

EDITORS NOTE: The piece below is a special edition of the Weekly Roundup newsletter written by Jim Garrettson, president and founder of this website’s parent company Executive Mosaic, to recap the biggest stories in the GovCon sector for 2014. In this year-end issue, Jim wraps up the year with a …

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December 16 Market Close: GovCon Index Records Nominal Loss, Investors Eye Possible Fed Move

The GovCon Index extended its current stretch of declines into a third consecutive day with a nominal loss of 0.154 points to close at 67.411 on Tuesday. Investors will keep an eye on the Federal Reserve’s impending decision later this week on whether to change their policy statement and be more open to …

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Roger Wiederkehr Appointed Wyle CEO, George Melton to Stay as Chair

Roger Wiederkehr, chief operating officer at Wyle Laboratories for two years, will succeed George Melton as president and CEO of the engineering and scientific services contractor at the end of this year. Wyle said Tuesday Melton, who has held the president and CEO titles for nine years, will continue to serve as …

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December 4 Market Close: GovCon Index Loses Ground, Investors Await Labor Report

The GovCon Index retreated Thursday by 0.223 percent — or 0.157 points — to close at 70.676, a figure that keeps the index in positive territory from the previous week. Investors reacted to the European Central Bank’s decision to not take any action on a potential stimulus until at least early next year …

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Bharat Amin to Assume VP, CIO Roles at Huntington Ingalls Subsidiary

Bharat Amin, formerly chief information officer at BAE Systems‘ land and armaments division, will join Huntington Ingalls Industries‘ (NYSE: HII) Newport News Shipbuilding division on Dec. 15 as vice president and CIO. He will lead strategic direction and information systems management in his new position and succeeds Leni Kaufman, who …

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